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One Of A Kind Laundromat
Location: United States -> New Jersey -> Essex County
Industry: Business Services > Laundry



Business Summary

ASKING PRICE: $990,000. This laundromat is considered a unique opportunity for any one who is looking to make serious money. Everything is brand new (only 2 years old). Been In business for years and years. Has state of the art security system and equipped with a system that you can watch the business from any where. Best location in town AND CAN RUN WITH AN ABSENTEE OWNER!

Facilities: 3,700 s/f Located at the only shopping center in town with plenty of parking available. Contain 48 dryers of 30 IBS, 3dryers of 75 IBS, 22 machines 30 IBS, 17machines 40 IBS, 11 machines 60 IBS, 3 machines 80 IBS, STATE OF THE ART SECURITY SYSTEM. All equipments are 2 years old which still have warranty on it. Has 13 years on the lease.
Competition: There are other laundromats in the area but no where near this one as far as cleanliness and every thing else.

Email or contact Mohamed Elatriss at 908-757-2011 for more information on this Laundromat for sale.

Financials
Asking Price Range:  < $250K
Gross Revenues:   $535,600
Cash Flow:   $212,683
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business
Year Established:  1981
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale
Management Training and Support:  2 weeks.
Reason For Selling:  Sellers have other full time business.




Print Listing Id: 70055673
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Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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